What separates the men from the niños

is a big failure or a fly Benzino

I’ve had all of that, yo se lo que te digo

Gotta be there in the long run for my hijos

Sen Dog   Stand Up ♦ Diary of a Mad Dog

Takeaway #151:  Sen Dog knows what he is talking about and he will certainly be there for his and your kids.  This is a long range game not a short-term Bertrand model of downward spiral price-cutting.  If you are in it for the long run and a continued share of the monopolistic profits for you and your successors, you need to build a sustainable model and avoid a colossal failure with short term profit thinking.  Be strategic, not simply tactical – today and in the long run.

Ironically, however, sometimes being strategic requires thinking functionallly, but acting strategically (Click Extra 2 below)

Extra 1: Read 6 habits of strategic thinkers: http://www.inc.com/paul-schoemaker/6-habits-of-strategic-thinkers.html

Extra 2: S&B: Think Functionally, Act Strategically